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Posts Tagged ‘Prelude FLNG Project’

Unionists protest against potential loss of jobs

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Hundreds of unionists gathered outside Parliament House in Perth to protest against the potential loss of jobs in the gas industry.

They have blocked all the entrances stopping MPs and staff from entering the carpark.

The Australian Metal Workers Union say a decision by Woodside and Shell to use floating LNG platforms rather than onshore gas processing hubs will cost thousands of jobs.

Woodside recently shelved plans to build a $45 billion gas hub at James Price Point, north of Broome.

It is believed the company is investigating the use of floating LNG technology to process gas from the Browse Basin. read more

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Union protests against floating LNG in WA

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AAP: June 11, 2013 9:05AM

UNION members have protested outside Parliament House in Perth saying floating LNG projects will rob locals of jobs.

Australian Manufacturing Workers’ Union (AMWU) members gathered on Tuesday to voice their concerns about the vessel-based liquefied natural gas projects.

Energy giant Royal Dutch Shell is using floating LNG technology for its Prelude gas project off the West Australian coast.

And Woodside is leaning the same way, having abandoned plans for an onshore processing plant for Browse Basin gas. read more

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Highest-Paid Workforce Driving Shell Offshore Australia: Energy

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Royal Dutch Shell Plc’s Prelude vessel, seen here in an image illustration, vying to be the first floating LNG facility in the world, will be as long as the Empire State Building and six times the weight of the largest aircraft carrier. Source: Rex Features via AP Images

April 26, 2013

Escalating costs to build liquefied natural gas plants on land in Australia, where energy workers earn the highest salaries in the world, are driving developers out to sea in search of billions of dollars in savings. read more

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No delays from Prelude rig issues: Shell

Screen Shot 2013-04-04 at 08.33.44 Peter Klinger, The West Australian April 4, 2013, 6:21 am

Royal Dutch Shell says the development schedule for the industry-leading Prelude floating LNG venture in the Browse Basin has not been affected by technical problems that have beset its drilling rig.

The Shell-chartered Noble Clyde Boudreaux had been out of action for more than a month off the coast of Exmouth, where it was scheduled to drill the Palta-1 exploration well. The Palta permit, owned by Shell and Mitsubishi, is 70km from the Ningaloo Reef. The drilling of the Palta-1 well has sparked widespread condemnation from environmental groups. read more

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Shell to move gas centre as Asia LNG comes to the fore

By Sarah Young

LONDON | Wed Dec 5, 2012 6:24pm GMT

(Reuters) – Royal Dutch Shell (RDSa.L), the world’s biggest LNG company, will move the headquarters of its integrated gas business to Singapore from Europe as part of its quest to feed Asia’s surging demand for the fuel, the company said on Wednesday.

“It will be the largest object man has ever built that floats,” Shell’s upstream director Andrew Brown said of Prelude, a 500 metre long vessel costing over $10 billion (6 billion pounds), being constructed to supply Asian markets with gas from Australia. read more

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Major construction begins on Shell Prelude FLNG project

Shell Company of Australia Limited : Major construction begins on the Prelude FLNG project

10/18/2012| 02:38am US/Eastern
Media Release 18/10/2012

Today Shell celebrated the cutting of first steel for the game-changing Prelude floating liquefied natural gas (FLNG) facility’s substructure with joint venture participants, Inpex and KOGAS, and lead contractor, the Technip Samsung Consortium, at Samsung Heavy Industries’ Geoje shipyard in South Korea.

Shell’s Projects & Technology Director Matthias Bichsel commented:  “We are cutting 7.6 tonnes of steel for the Prelude floating liquefied natural gas facility today, but in total, more than 260,000 tonnes of steel will be fabricated and assembled for the facility.  That’s around five times the amount of steel used to build the Sydney Harbour Bridge.  Today’s ceremony marks a major milestone in this project, when the innovative thinking and new technology and engineering solutions which will make FLNG possible begin to be realised.” read more

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Shell On Track To Deliver Growth Targets For 50%-80% Cashflow By 2012

SEPTEMBER 9, 2011

LONDON (Dow Jones)–Royal Dutch Shell PLC (RDSA.LN), Friday confirmed that it has made solid progress in starting up three world-class oil & gas projects in 2011, which at peak will add some 400,000 barrels oil equivalent, and is on track to deliver its strategic targets for 50-80% growth in cash flow from operations from 2009 to 2012.

MAIN FACTS:

-Shell’s three-year strategic plan, outlined in 2010, is building the foundations for profitable growth for shareholders in the future. read more

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Shell Reports Higher Earnings on Oil Prices

Jason Alden/Bloomberg: A Shell station in London, U.K. Shell posted adjusted earnings of $6.6 billion, matching the mean estimate of nine analysts surveyed by Bloomberg.

By Eduard Gismatullin – Jul 28, 2011 8:47 AM GMT+0100

Royal Dutch Shell Plc (RDSA), Europe’s biggest oil company, said second-quarter earnings almost doubled on higher oil prices and project startups in Qatar and Canada.

Net income rose to $8.66 billion from $4.39 billion a year earlier, The Hague-based Shell said today in a statement. Excluding one-time items and inventory changes, profit matched analyst estimates. read more

royaldutchshellplc.com and its sister websites royaldutchshellgroup.com, shellnazihistory.com, royaldutchshell.website, johndonovan.website, shellnews.net, shell2004.com, shellshareholders.org, don-marketing.com and cybergriping.com are all owned by John Donovan. There is also a Wikipedia article: royaldutchshellplc.com

Shell to Stop Processing at Australian Refinery by Mid-2013

By Ben Sharples and James Paton – Jul 27, 2011 7:19 AM GMT+0100

Royal Dutch Shell Plc (RDSA), Europe’s largest oil company, will halt refining operations at its Clyde plant in Sydney before mid-2013 and convert the facility into a fuel-import terminal.

The plant, which processes about 79,000 barrels a day of crude oil and employs 310 people, is no longer regionally competitive against Asian “mega-refineries,” the Hague-based company said in an e-mailed statement today. The plan was initially announced in April. read more

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Shell Approves Floating LNG Project

May 20, 2011

By ROSS KELLY

SYDNEY—Royal Dutch Shell PLC on Friday approved construction of a giant vessel designed to chill natural gas for export at sea, allowing it to unlock gas deposits stranded hundreds of miles from land.

Similar vessels are being considered for several projects in deep water around the world where piping gas back to land to be liquefied would be too costly. Shell’s final investment approval for its Prelude floating liquefied natural gas development marks the first time that construction of such a vessel has been approved anywhere. read more

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Shell: Prelude FLNG Go-Ahead ‘Next Few Months,’ More Planned

FEBRUARY 22, 2011

PERTH (Dow Jones)–Royal Dutch Shell PLC (RDSA) said Tuesday that it expects to sign off on its first floating liquefied natural gas project within months, and plans to build at least six FLNG plants around the globe.

Shell hopes to take a “final investment decision in the next few months” on the company’s multibillion-dollar Prelude FLNG project offshore northwestern Australia, Shell Australia Chairman Ann Pickard, told a business event in Perth. read more

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